Watch the video clip from Jingle All the Way. (View Transcript.) Consider the following:Prices serve a rationing function. When quantity demanded exceeds quantity supplied, prices rise to alleviate the shortage. When quantity supplied exceeds quantity demanded, prices fall to alleviate the surplus. However, when prices are inflexible, shortages and surpluses persist. Other rationing mechanisms must develop.Using demand and supply analysis, describe a specific situation that you have witnessed where a shortage occurred. Why were prices unable to adjust in this market?Combining what you learned from your readings as well as from the video clip, what other rationing functions could develop to alleviate that shortage? Cite your sources.Citation: Barnathan, M., Columbus, C., Radcliffe, M. (Producers), & Levant, B. (Director). (1996). Jingle all the way [Motion picture]. United States: Twentieth Century Fox.

Re-read the feature "Apply the Concept" in Chapter 3 around page 78 entitled "Millennials Shake Up the Markets for Soda, Groceries, Big Macs, and Running Shoes" Consider the following passage from the Problem Sets at the end of Chapter 3:From 1979 to 2015, China had a policy that allowed couples to have only one child. (Since 2016, couples have been allowed to have two children.) The one-child policy caused a change in the demographics of China. Between 1980 and 2015, the share of the population aged 14 and under decreased from 36 percent to 17 percent. And, as parents attempted to ensure that the lone child was a son, the number of male children relative to female children increased.Choose two goods and explain how the demand for them has likely been affected by China's one-child policy. Consider both the decrease in the percent of population 14 and under and also the change in the male-child-to-female-child ratio. A minimum of 350 words required. The selected tutor will be provided the e-book information.

 Caring for Special Populations Managing the health of special populations can be a challenge with the various economic forces at work. This is especially true in the case of supply and demand of healthcare services. This week, you are going to examine a special population of people, those with cardiac disease, and look at how health insurance affects the health outcomes of this population. Do people with poor insurance or no insurance manage chronic illness less effectively than those with insurance? Does geography or education affect the health outcomes of cardiac patients? In this Assignment, you will look through the lens of social determinants of health, focusing on three populations to see if we can draw any conclusions regarding the management of the chronic illness of cardiac disease. To Prepare: Access the U.S. Department of Health and Human Services Office of Minority Health (2016) provided in this week’s Learning Resources. Select three of the five populations provided in the database and compare profiles for these three populations. Reflect on how the three populations you selected might approach the management of heart disease. Reflect on heart disease risk factors for the three populations you selected. Consider how access to healthcare, Medicare, or Medicaid programs may impact heart disease and health outcomes for these populations. The Assignment: (Matrix Template; 2-page paper) Part 1: Heart Disease Comparison Grid Download the Week 2 Matrix Template document from the Learning Resources area. Complete the template by addressing the following: Describe the demographics for each of the three populations you selected. Be specific and provide examples. Explain at least three heart disease risk factors that may impact each of the three populations you selected. Be specific, and provide examples. Describe which social determinants of health most impact each of the three populations you selected for the management of heart disease, and explain why. Be specific, and provide examples. Part 2: Narrative Summary In a 2-page narrative summary, address the following: Explain what conclusions you might draw, regarding the management of heart disease and chronic illnesses for the populations you selected. Explain how healthcare access and health insurance programs (including Medicare and Medicaid) might help to address the heart disease risk factors and the social determinants of health for each of the populations you selected. Resources: Penner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). New York, NY: Springer Publishing. Chapter 2, “Health Insurance and Reimbursement” (pp. 27-60) https://www.census.gov/content/dam/Census/library/publications/2016/demo/p60-257.pdf https://www.forbes.com/sites/robertglatter/2017/10/16/anthem-at-odds-with-your-decision-to-visit-the-er-and-refusing-to-pay-in-certain-states/?sh=2eff6e584356 https://www.healthaffairs.org/do/10.1377/hblog20180125.91141/full/ https://minorityhealth.hhs.gov/omh/browse.aspx?lvl=2&lvlid=26